In March 2024, Korean news outlet xportsnews reported that P1Harmony member Keeho and 82MAJOR member Yoon Yechan‘s mother, Kim Jenny (or Kim Myung Shin prior to her name change), had been sued for fraud. The exclusive report revealed Park Sang Hyun, CEO of production company HUG INTL, was one of the victims who explained that Kim borrowed […]
Caroline Ellison sentenced to two years in prison for FTX fraud
Caroline Ellison, the former CEO of FTX affiliate Alameda Research, was sentenced to two years in prison on Tuesday. Ellison pled guilty to conspiring with FTX’s Sam Bankman-Fried to steal $ 8 billion worth of customers’ funds, but she was an exceedingly cooperative witness, helping law enforcement to investigate the massive fraud scheme. Her two-year […]
'It's The Elephant In The Room': Sandesh Jhingan On Age Fraud In Indian Football
Sandesh Jhingan opened up about his experience with age fraud in football.© X (Twitter) FC Goa defender Sandesh Jhingan opened up about his experience with age fraud and the challenges it brought. He termed it to be damaging to players’ confidence since it stems self-doubt at a critical stage of their overall football development. Jhingan […]
Gogoro CEO resigns as subsidy fraud investigation continues
Gogoro, the Taiwanese electric scooter manufacturer and battery swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a […]
Mike Lynch, recently acquitted in HP-Autonomy fraud case, is missing after yacht capsized off Sicily (updated)
Update: Authorities have yet to access the inside of the sunken yacht, and Mike Lynch is still classified as missing. Other details have emerged in the interim. The accident appears to have been caused by a major storm and a resulting tornado-like water column that ensnared and damaged the yacht. Among the other six people […]